In July, the OPEC Reference Basket increased marginally by 5¢ m-o-m to settle at $73.27/b. Oil futures saw mixed movement over the month, while US oil inventories continued to drain, particularly in Cushing, Oklahoma. ICE Brent averaged 99¢ m-o-m lower at $74.95/b, while NYMEX WTI rose $3.26 m-o-m to $70.58/b. Year-to-date (y-t-d), ICE Brent is $19.53 higher at $71.72/b compared to the same period a year earlier, while NYMEX WTI climbed $16.70 to $66.20/b. The ICE Brent/NYMEX WTI spread narrowed by $4.25/b to $4.37/b in July. Speculative net long positions ended the month lower, particularly for ICE Brent. The Dubai market backwardated structure eased again, while Brent flipped into contango for the remainder of the year. In the US, WTI backwardation increased significantly for the second successive month. Apart from the USGC costal grades, the global sour discount to sweet crudes increased due to a surplus of sour crudes.

1 RESEARCH METHODOLOGY 13

2 RESEARCH OBJECTIVES 14

3 RESEARCH PROCESS 15

4 REPORT COVERAGE

5 REPORT ASSUMPTIONS & CAVEATS

 6 MARKET AT A GLANCE 24

7 INTRODUCTION

 8 MARKET DYNAMICS

9 VALUE CHAIN ANALYSIS

 10 GLOBAL AUTOMOTIVE MARKET

 11 GLOBAL AUTOMOTIVE SAFETY ELECTRONICS MARKET

12 MARKET BY PRODUCT TYPE

 13 MARKET BY VEHICLE TYPE

14 MARKET BY GEOGRAPHICAL SEGMENTATION

 16 AUTOMOTIVE SAFETY ELECTRONICS MARKET IN THE APAC

 17 AUTOMOTIVE SAFETY ELECTRONICS MARKET IN NORTH AMERICA

18 AUTOMOTIVE SAFETY ELECTRONICS MARKET IN LATIN AMERICA

 19 AUTOMOTIVE SAFETY ELECTRONICS MARKET IN MEA

20 COMPETITIVE LANDSCAPE

 21 KEY COMPANY PROFILES

22 OTHER PROMINENT VENDORS

23 REPORT SUMMARY

 24 APPENDIX